DSCR up to 8 units in Merkel, TX

DSCR loan in Merkel, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Merkel, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Merkel, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Merkel, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Merkel, TX real estate investors have you covered.

Investment Opportunities in Merkel, TX

Benefits of DSCR Loan in Merkel, Texas

One of the key benefits of a Debt Service Coverage Ratio (DSCR) loan in Merkel, Texas is the ability to secure financing for investment properties. These loans are specifically designed for real estate investors and landlords, providing them with a reliable source of funding for property acquisitions and renovations.

Demographically, Merkel is a charming small town located in Taylor County, Texas, with a population of around 2,500 residents. The town has a diverse community, including families, young professionals, and retirees, creating a welcoming and tight-knit atmosphere.

In terms of the housing market, Merkel offers a range of affordable housing options, making it an attractive location for first-time homebuyers and investors alike. The market is stable, with steady appreciation rates, making it a potentially lucrative area for real estate investments.

Some of the main attractions in Merkel include the West Texas Fair & Rodeo, the historic Merkel Museum, and several outdoor recreational areas such as Wilson Park and the Abilene State Park. These attractions provide residents and visitors with opportunities for entertainment, relaxation, and community engagement.

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